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Asiamet Resources Ltd.

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Summary

Project:

Beruang Kanan

Deposit:BKZ
Location:Indonesia
Commodities:Gold-Silver-Copper-Lead-Zinc
Date:2/6/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:6-2-2018: Asiamet Resources Ltd. announces an Exploration/Drilling Update report for its BKZ deposit at the Beruang Kanan project. Drilling results incl. 9m @ 3.63% Cu, 55g/t Ag, 0.16g/t Au from 84m. Asiamet Resources Limited ("ARS" or the "Company") is p
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Stephen Hughes (Internal)
ABSTRACT:Asiamet Resources Limited ("ARS" or the "Company") is pleased to report that ongoing exploration and delineation drilling at the BKZ Polymetallic ("BKZ") prospect located on its Kalimantan Surya Kencana ("KSK") 6thGeneration Contract of Work ("CoW"), in Central Kalimantan, Indonesia continues to intersect high-grade copper mineralisation. To date, twenty-nine holes (2,810m metres in total) have been drilled to test the upper zone of polymetallic massive sulphide and vein style mineralisation and the lower zone of vein and massive sulphide hosted copper - silver mineralisation. Mineralisation is confirmed over a strike length of at least 125m and is up to 60m in width. Thickness is variably 30m to 60m. The mineralised domain remains open to the south, east and down-dip. Highlights of the latest batch of drill results received include These latest assays confirm the continuity of high-grade copper-silver mineralisation within the interpreted "Feeder Structure" at BKZ, with up to 6.3% copper over 1-metre sample intervals. Mineralisation is hosted by a strongly silicified and brecciated rock that appears to form a coherent zone at depths ranging from 50 to over 100 metres below surface and underlies the near surface polymetallic mineralisation. Pyrite is the dominant sulphide mineral and chalcopyrite and bornite are the principal copper minerals, occurring in veins, as disseminations and in massive sulphide zones.

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